4//SEC Filing
CROSSLINK CAPITAL INC 4
Accession 0001415889-25-014553
CIK 0001609151other
Filed
May 22, 8:00 PM ET
Accepted
May 23, 7:32 PM ET
Size
9.3 KB
Accession
0001415889-25-014553
Insider Transaction Report
Form 4
CROSSLINK CAPITAL INC
10% Owner
Transactions
- Award
Common Stock
2025-05-21+16,677→ 6,376,270 total(indirect: See Note) - Award
Common Stock
2025-05-21+1,401→ 719,004 total(indirect: See Note)
Footnotes (4)
- [F1]Represents a total of 18,078 restricted stock units (the "RSUs") granted to David Silverman, a managing partner at Crosslink Capital, Inc. ("Crosslink") and a manager of Crosslink Capital Management, LLC ("CCM") as a director of the Issuer. Each RSU represents the right to receive one share of the Issuer's Common Stock upon vesting. The RSUs will vest in full on the earlier of (i) May 21, 2026, and (ii) the date of the first annual meeting of the Issuer's stockholders following May 21, 2025, and 18,078 share of Common Stock will be issued to private investment funds for which Crosslink or CCM serves as the investment adviser (the "Funds"). Such grant is exempt from Section 16(b) of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), in reliance on Rule 16b-3(d).
- [F2]Crosslink, on behalf of its affiliated funds, investment vehicles and/or managed accounts, designated Mr. Silverman to be appointed to the Issuer's board of directors in October 2015. Pursuant to an agreement between Crosslink and Mr. Silverman, Mr. Silverman has agreed to pay Crosslink or its nominee all of his director compensation and has instructed the Issuer to pay all such compensation directly to Crosslink or its nominee. Accordingly, the Funds are the direct holders of the RSUs.
- [F3]Certain of the Funds advised by Crosslink hold these securities directly for the benefit of their investors. These securities may be deemed to be beneficially owned indirectly by Crosslink as the investment adviser to those Funds and by Mr. Stark as the control person of Cross link.
- [F4]The securities are held directly by a Fund advised by CCM for the benefit of its investors. These securities may be deemed to be beneficially owned indirectly by CCM as the investment adviser to that Fund.
Documents
Issuer
Weave Communications, Inc.
CIK 0001609151
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001104329
Filing Metadata
- Form type
- 4
- Filed
- May 22, 8:00 PM ET
- Accepted
- May 23, 7:32 PM ET
- Size
- 9.3 KB